Fed introduces new economic indicator to better assess the labour market
byEconomists at the Federal Reserve have devised a new indicator, which they hold will enable US central bank policy makers to get better information…
Central Banking
Ten problems, or just one?
by“Sir, The next financial apocalypse is imminent. I know this to be true because the House & Home section in FT Weekend is now…
The Rise And Fall And Rise And Fall Of King Dollar, Part 2
byAs stated in the preceding column, here, eminent labor economist Jared Bernstein recently called, in the New York Times, for the dethroning of “King…
Interview with St. Louis Fed Vice President on Bitcoin
byDr David Andolfatto, who is Vice President of the St. Louis Fed, has been one of the most forward-looking people at central banks around…
The Rise And Fall And Rise And Fall Of King Dollar, Part 1
byThe Wall Street Journal, recently, in The Return of the Greenback, observed that “the resurgent dollar has logged its longest winning streak in 17…
Valuing gold and turkey-farming
byToday’s financial markets are built on the sand of unsound currencies. Consequently brokers, banks and investors are wedded to monetary inflation and have lost…
End the Fed’s War on Paychecks
byThe Democratic Party has made “income inequality” a signature issue for the 2014 (and, presumably, 2016) election cycle. Democrats, en masse, shout “J’accuse!” at Republicans. …
Market expectations and long-term US interest rates
byAfter closing at 3.03% in December 2013 the yield on the 10-year US T-Note has been trending down, closing at 2.34% by August this…
Weak Labour Markets and Repo Market Disruptions
byCentral Banking Low interest rates contribute to weak labour markets In the latter part of August, the cream of the world’s central bankers convened…
Böhm-Bawerk: Austrian Economist Who Said “No” to Big Government
by[Editor’s note: this piece, by Richard M. Ebeling, was originally published at EpicTimes] We live at a time when politicians and bureaucrats only know one…